AMA Recap Crypto Library with AlturaNFT


On 27th August 2021, AlturaNFT conducted an AMA in the Crypto Library Community. Our guest is Maxim Xindall. Lots of questions as usual from the Community about AlturaNFT progress. The AlturaNFT team took part in a very interesting AMA session which included introductions, questions from twitter, and a live AMA session with the Crypto Library community. If you missed the AMA in person, read this recap for a deeper insight into AlturaNFT.

Let’s take a look at the most interesting points of our conversation. 

Crypto Library Team : So, before we start the AMA could you please introduce yourself to our community?

Maxim Xindall (AlturaNFT) : My foray into cryptocurrencies began in late 2016 when I discovered and started mining cryptocurrencies. I saw it as a no-hassle way to make some passive income, but soon became incapacitated of the endless opportunity in the space. In the following years I traveled through Canada and the United States educating young students on the mining aspect of cryptocurrencies, while giving them a simple introduction into the space. I also began to manage private investment in crypto. These two aspects helped me build a diverse network that built my presence in crypto further, eventually leading to the launch of Altura NFT.
Crypto Library Team : Can you tell us about Altura in detail?

Maxim Xindall (AlturaNFT) : Altura is a platform for minting, trading, and integrating NFTs. Its primary focus is on in-game items and ensuring that gamers have the opportunity to actually own their items in a decentralized manner. We also want to be the first to introduce Smart NFTs and loot boxes to the NFT world.

Crypto Library Team : What do you think is Altura advantage over its competitors?

Maxim Xindall (AlturaNFT) : Our advantages really come down to three factors. Our fully featured NFT marketplace (because of use of the ERC1155 standard), our NFT Lootboxes and Smart NFTs. The Altura marketplace allows NFTs to have a circulating supply, a 0-30% royalty on secondary transactions, and collections of NFTs. Additionally, our platform is the main launchpad for our Smart NFTs and NFT Lootbox technologies. In terms of integration of gaming items onto our marketplace, we have a much simpler process than compared to Enjin, allowing more game developers to use our platforms.

Crypto Library Team : What are Smart NFTs and what makes them special?

Maxim Xindall (AlturaNFT) : Smart NFTs are simply NFTs that have properties in their metadata that can be changed. These are called dynamic properties. Smart NFTs allow for a lot of creative functionality and use cases for NFTs such as having a trading card NFT adapt to the player that the trading card is based on. They are special because, for the first time ever, the NFT can actually change, and is not the same all the time. This is unlike most other NFT platforms.

Crypto Library Team : Can you briefly Describe your top milestones that you have achieved so far?

Maxim Xindall (AlturaNFT) : We successfully launched our NFT Marketplace and our staking platform. Our next big releases will be our Smart NFTs, Lootboxes, and our developer platform where game developers can integrate their games onto our platform. Our team is currently reaching out to many gaming projects for integration. Our near future target is to become the central place for gaming NFTs in the crypto sphere.
Crypto Library Team : I saw one of your blog post that Altura had recently partnered with Seedify, which is an project incubator and launchpad platform for blockchain games. What will this partnership brings to both of the parties? On what area are you both going focus building in?

Maxim Xindall (AlturaNFT) : Yes we have just recently partnered with Seedify! The goal of the agreement is to help further adoption onto our platform by giving new crypto games the ability to adopt and use our dynamic platform.

Crypto Library Team : Can you provide an overview of Altura’s Loot Boxes and how can a user aquire them? What advantages does Loot boxes on the blockchain provide as compared to the centralized nature of traditional game? And what all NFT’s are available through these Loot Boxes?

Maxim Xindall (AlturaNFT) : A Lootbox gives a player a chance to unlock a random item from a pre-determined set of items. Each item has a certain probability of being dropped which has been designed to be open and transparent for the user (which the blockchain helps to verify). A user can acquire Lootboxes through buying Lootbox keys (to unlock Lootboxes). What’s cool about these Lootboxes is the ability that anyone can put NFTs into a Lootbox and sell them on our marketplace upon launch of them.

Crypto Library Team : What strategy will you implement to bring non-crypto-natives into your ecosystem? How do you keep a balance between developing the technology and also improving the value of your token?

Maxim Xindall (AlturaNFT) : Our long term goal is to become a standard in gaming. That means both in the crypto world and non-crypto world. To achieve this, it requires that we can make a system where users can benefit from blockchain technologies without the difficult learning curve that comes with it. We believe finding a solution for this adoption within the gaming space will give a massive impact in price.
Crypto Library Team : I see that game developers are very welcomed and encouraged to utilize Altura's platform. In your NFT Marketplace, will there be a percentage compensation or commission for the game developer when their NFT are sold and purchased?

Maxim Xindall (AlturaNFT) : Yes so we are trying to make it as easy as possible for developers to use Altura’s marketplace! The game developer will receive 97.5% of the compensation from selling their NFT items, and 95% when selling their Lootboxes. Additionally they can set royalties from 0-30% for secondary transactions.

Crypto Library Team : Have You being audited? Have not heard you talk about that security of fund is what every investor craves for and plans to escape incase of insecurity if funds, scams and rug pulls how strongly built are your security put in place?

Maxim Xindall (AlturaNFT) : Yes we have been audited by Solid Group ensuring that our marketplace and other Smart Contracts are in good shape.

Crypto Library Team : Do you have any plans to add Nft's to your ecosystem as this is the hottest topic in the crypto space?

Maxim Xindall (AlturaNFT) : By the end of September you should see our first implementation of Smart NFTs that we think the community will really like.

Crypto Library Team : Your project name seems to be very interesting. Does it have any story behind it? Can you share us with the inspiration for approaching to this name?

Maxim Xindall (AlturaNFT) : So our name (Altura) is a Spanish name which means Elevation. We named ourselves this because we feel that we have the ability to take crypto to the next level.

Crypto Library Team : Where can I trade your tokens? Can you give me real contract address?

Maxim Xindall (AlturaNFT) : We are mainly on PancakeSwap. And here is the contract address.
Also we are trading on Bilaxy, so check us out there!

Crypto Library Team : What are the important social media links to follow announcement of your projects?

Maxim Xindall (AlturaNFT) : Check out our social media here:
Crypto Library Team : Do you have Whitepaper if yes please share it with us and secondly do you have plans for pre-sale? Where can we join it?

Maxim Xindall (AlturaNFT) : Here is our whitepaper! It goes through in greater depth how we are different from the competition.